The National Bank of Pakistan (NBP) hosted a virtual roundtable meeting recently to discuss the issues and challenges facing the non-bank microfinance institutions (NBMFIs) and their customers as a consequence of the economic slowdown due to the Covid-19 pandemic. CEO TMF Dr .Sono Khangharani also participated the meeting.
Telenor Microfinance Bank partners with Thardeep Microfinance Foundation for advanced Disbursement/Repayment of loans. Pakistan’s leading microfinance institution, Telenor Microfinance Bank, has entered into a partnership with Thardeep Microfinance Foundation (TMF), a leading Pakistani nonprofit working for poverty alleviation, for swift and secure digital disbursals and repayment of credits to the beneficiaries in rural areas of the Sindh province.
KARACHI: The launch of ‘journey and future outlook’, a unique success story about the situation of Thar Desert, on Saturday attracted representatives of banks, corporate companies, micro credit organisations and a large number of community elders, hailing from the desert. The event, organized by Thardeep Microfinance Foundation (TMF), was held at a local hotel.
People who took loans to produce food crops for their survival now face difficulties in paying back. “The loss of 6,000 to 7,000 cattle in Tharparkar during recent downpours is indeed a big financial loss for the poor Tharis,” says Dr Sono Khangharani.